Morgan Stanley posts earnings beat driven by strong trading revenue - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Morgan Stanley posts earnings beat driven by strong trading revenue

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.

"We delivered strong quarterly earnings as markets remained active through the summer months, and our balanced business model continued to deliver consistent, high returns," CEO James Gorman said.Morgan Stanley posted third quarter earnings that beat analyst expectation in revenue and net income, amid a series of acquisitions that includes a just-completed takeover of E-Trade, and a just-announced buyout of Eaton Vance.

Morgan Stanley's wealth management unit reported net revenues of $4.7 billion for the quarter, representing year-over-year growth of 7%. "Results reflect strong fee-based flows and significant increase in bank lending and deposits," Morgan Stanley said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Morgan Stanley is set to report third-quarter earnings – here’s what the Street expectsCEO James Gorman has doubled down on his push to diversify away from Morgan Stanley’s traditional strengths of trading and investment banking. Thankful something is going on a positive directionpelosi OpenLearning=ASX: $OLL STOCKHEAD GROWTH Skills needed in search for recession-proof work YouTube link below is from an ASX Investors point of view about OpenLearning=ASX: $OLL Future of Education 👩‍💻❤👩‍🎓 Marketplace for online microcredentials OpenLearning to solve a skills shortage
La source: CNBC - 🏆 12. / 72 Lire la suite »

Goldman Sachs is set to report third-quarter earnings — here’s what the Street expectsWhile Goldman Sachs hasn't been walloped by expected loan losses tied to the coronavirus like other rivals, the firm has yet to convince investors its new businesses will drive earnings growth. good 👍 “Dark Money” Judicial System EXPOSED in DC. Sen. Whitehouse has become my favorite Senator. MUST SEE presentation from SCOTUS hearing. BEST 29 minutes you’ll see this week. 👍 A SOBERING reality check for ALL Americans. 👍
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks will rise as corporate earnings stage recovery, says UBS - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. All The Design I will Provide Roll_up_banner logodesign tshirt_design bannerads Banner_Design pattern_Design_for_Fabric box_Design Carton_Box_Design 1HQDsWmU93sgeM76TDJVveqjKty9svFvEm (This is my Bitcoin account)
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Small Business Point-of-Sale Battle Report from Insider Intelligence - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Citi CEO Corbat faces tough crowd on third-quarter earnings call - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Are you boring to post or confused what you will post? Are you looking motivational quotes image? I will create and design superb motivational quotes image . if you need video text Quotes then i can provide you. Just Dm me. To take my services visit:
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »